Qatar Faces Rising Competition in Asia From Flexible LNG Suppliers

Shorter-term and more flexible LNG contracts offered by sellers from the United States, the United Arab Emirates (UAE), and Oman are challenging Qatar’s dominance in liquefied natural gas supply to north Asia, trade sources have told Reuters. Qatar, one of the world’s top three LNG exporters together with the United States and Australia, is now finding it harder to compete with sellers offering flexible cargo destinations and term contracts with shorter durations, according to Reuters’s sources.   Moreover, Qatar’s…